Endless Potential for now and the future

Magnificent retail site of 680 sqm approx.
Wide frontage to Neerim Road of18 metres and 36.6mt deep approx.
Outstanding development potential.
Concept Development Plans for 34 apartments plus 256 sqm of retail space and 38 carparks
Optimum dimensions and proportions for an efficient apartment building
Unrivalled position only metres to Koornang Road's specialty retail and close to Carnegie rail station
Laneway and street frontages
Located within the core of the activity centre - Commercial 1 zoning
To be sold with vacant possession

The subject property is ideally located on the northern side of Neerim Road, only 50 metres east of Koornang Road.

Bounded by Dandenong Road in the north and Grange Road in the west, Carnegie is a well-regarded residential suburb in Melbourne's south-east.

It has a strong and established retail concentration from the railway up along Koornang Road. This strip boasts a diverse range of tenants including: Safeway, Crust Pizza, Nandos, Carnegie Fruit Market, Flight Centre and all the major banking institutions.

For sale via public on site auction, Thursday 10th August 2017 at 12.00 Noon